Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Alliance Says Calif. Emergency Regs on Fraud Investigations are Unnecessary
Sep 4 2003 // The California Department of Insurance’s proposal to further regulate the special investigations units of insurance companies is excessive and unnecessary according to the Alliance of American Insurers. In written...
Ill. Judge Certifies Aftermarket Parts Class Action
Aug 29 2003 // A Madison County, Ill., judge has certified a class-action lawsuit on behalf of 30,000 Geico Corp. policyholders on the direct insurer’s use of aftermarket parts to fix damaged vehicles. The Alliance of American...
Gov. Davis Signs Anti-Consumer Privacy Bill
Aug 28 2003 // Gov. Gray Davis signed California financial privacy legislation into law Aug. 28, enacting one of the nation’s most restrictive state privacy measures, according to the Association of California Insurance Companies...
Trade Associations Prevail in Lawsuit Challenging Calif. Homeowners Emergency Regs
Aug 26 2003 // Three insurance trade associations announced that a Sacramento Superior Court sustained their challenge to the legality of a homeowners insurance Emergency Regulation issued by the California Department of Insurance (CDI)...
Oregon Credit Bill Passes Legislature, En Route to Gov.
Aug 21 2003 // A bill restricting insurers’ use of credit information for personal lines underwriting and rating passed the Senate Aug. 20 and heads to the Oregon Governor Ted Kulongoski’s desk for his...
ACIC Opposes Calif. Privacy Legislation
Aug 20 2003 // Financial privacy legislation swiftly passed the California Assembly Aug. 18 and the Senate Aug. 19, and Senate Bill 1 is expected to reach Gov. Gray Davis’ desk for his signature Aug. 20. “Uniform privacy...
N.J. Governor Signs Agents’ Rights Bill – ‘Most Important Legislation’ Says PIANJ
Aug 20 2003 // New Jersey Governor James McGreevey signed a bill into law this week that protects agents’ ownership and commission rights when insurance policies are transferred from one company to another. The Professional...
Wooley, Pickens Kick Off Campaign to Preserve State Regulation
Aug 18 2003 // Louisiana Commissioner of Insurance Robert Wooley was joined by National Association of Insurance Commissioners (NAIC) president and Arkansas Commissioner of Insurance Mike Pickens Friday Aug. 15 at a press conference to...
One Year After Sarbanes-Oxley, a Fresh Look at D&O Underwriting
Aug 18 2003 // The anniversary of the Sarbanes-Oxley Act of 2002 (SOX) has opened the door of dialogue to the benefits of sustainable, effective corporate governance. The Securities and Exchange Commission’s (SEC) shift in focus...
One Year After Sarbanes-Oxley, a Fresh Look at D&O Underwriting
Aug 18 2003 // The anniversary of the Sarbanes-Oxley Act of 2002 (SOX) has opened the door of dialogue to the benefits of sustainable, effective corporate governance. The Securities and Exchange Commission’s (SEC’s) shift in...
Alliance Sees Class Action Reform as Top Priority When Congress Returns Next Month
Aug 15 2003 // In anticipation of an early vote on class action reform legislation when Congress returns in September, the Alliance of American Insurers is urging its member companies to contact Senators in support of S 274, the Class...
Fed. Judge Defers Decision Until Aug. 25 on Injunction Sought by Intellectual Property Suit
Aug 15 2003 // A federal judge on Thursday deferred until Aug. 25 a decision on whether to issue an injunction against San Diego-based Arrowhead General Insurance Agency Inc.’s use of certain computer software. The deferral of...
Alliance Says Fla. Med-Mal Legislation is a Mixed Bag
Aug 14 2003 // Legislation passed on Wednesday by the Florida legislature is far from perfect and may not generate the benefits that the medical community, consumers and insurers had hoped for, according to the Alliance of American...
NAMIC Denounces Insurance Regulation by the Courts
Aug 13 2003 // Confidence in the reliability of the law is shattered whenever a court pre-empts the authority of state insurance regulators, according to a new public policy paper released by the National Association of Mutual Insurance...
NCOIL Stacked With Insurance Insiders, Says Consumer Group
Aug 13 2003 // The Consumer Federation of America (CFA) released a study which reportedly found that at least 40 percent of the leadership of the National Conference of Insurance Legislators (NCOIL), an organization that offers model...
IBC Cautions PEI Auto insurance Reforms Must Limit Regulation to Control Costs
Aug 13 2003 // The Insurance Bureau of Canada gave cautious approval to measures proposed by the government of Prince Edward Island (PEI) to address rising auto insurance claims costs, calling them a “positive step...
Fla. Lawmakers Find Common Ground in Med-Mal Debate
Aug 11 2003 // Florida Governor Jeb Bush, Senate President Jim King, and House Speaker Johnnie Byrd announced that state legislators have reached an agreement on key elements of medical malpractice reform. The governor said the agreement...
Work Comp, Privacy Most Prominent Issues in Calif. Legislature
Aug 11 2003 // Several bills of interest to the California property/casualty insurance industry – including proposals to reform the workers’ compensation system and address privacy issues – are pending on the Senate and...
Mercury to Travel N.J.’s Roads to Auto Competition
Aug 8 2003 // Thursday’s announcement by Governor James McGreevey that Mercury General will begin selling automobile insurance in the Garden State confirms that the strong and positive message sent by the recent passage of the New...
Iowa Pols Sue Guv For Veto of WC & Tort Reforms
Aug 7 2003 // Iowa Gov. Tom Vilsack’s line item veto of legislation that supporters say would have improved the state’s business climate is being challenged in court. Republican legislators filed a lawsuit late last week...
